WAEC Economics 2019 Objective — Question 25

Question 25 of 50 from the West African Examinations Council (WAEC) Economics 2019 Objective paper, with the correct answer and a full explanation.

Middlemen are made up of

A. manufacturers, wholesalers and consumer
B. manufacturers, wholesalers and retailers
C. wholesalers, retailers and hawkersCorrect
D. wholesalers, retailers and consumers

Explanation

Producers and final consumers themselves are never the middlemen. Middlemen are those who join the producers and consumers in the distribution chain — wholesalers, retailers and hawkers.

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